The following information is available for a company's utility cost for operating its machines over the last four months. Using the high-low method, the estimated total fixed cost for utilities is:
A) $1,500.
B) $3,600.
C) $6,000.
D) $3,300.
E) $2,100.

Question

The following information is available for a company's utility cost for operating its machines over the last four months.  Using the high-low method, the estimated total fixed cost for utilities is:
A) $1,500. 
B) $3,600. 
C) $6,000. 
D) $3,300. 
E) $2,100.

Quizplus · Accepted Answer

The Answer of The following information is available for a company's utility cost for operating its machines over the last four months.  Using the high-low method, the estimated total fixed cost for utilities is:
A) $1,500. 
B) $3,600. 
C) $6,000. 
D) $3,300. 
E) $2,100.

The Following Information Is Available for a Company's Utility Cost